June 7 - The Rio Grande Shipyard, owned by Ecovix, completed this week the decommissioning of the P-32 platform in its dry dock. The first green dismantling in Brazil was concluded, involving hundreds of workers who worked on the maritime unit, which weighed more than 44,000 tons. Acquired at auction by Gerdau in July 2023,... Continue Reading →
DNV advises lenders on financial close of USD 650 million green hydrogen fertilizer project in Paraguay
Asunción, Paraguay - June 3, 2026 – DNV, the independent energy expert and assurance provider, acted as lender technical advisor for the Villeta green hydrogen-based fertilizer project in Paraguay, supporting a group of international lenders through technical due diligence and contributing to the project reaching financial close. The project is being developed by ATOME. The... Continue Reading →
Brava Energia Production Data May 2026
June 4 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs its investors and the market in general of the preliminary and unaudited production data for the month of May 2026. Potiguar – The Company has been gradually resuming operations at the facilities that were suspended in October 2025 following an audit conducted by the... Continue Reading →
South America’s stealthy ascent to key crude oil swing supplier
By Gavin Maguire June 3 (Reuters) - While oil markets fixate on the disruptions to Middle East exports and surging U.S. supply in 2026, South America is quietly emerging as a key new source of global crude flows. Led by Brazil, Guyana and Venezuela, the region has delivered the largest increase in oil exports of... Continue Reading →
PRIO May 2026 Operational Data
June 3, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of May. Key: (1) Production at the Valente cluster was impacted by the need for replacement of a gas lift line at Frade, leading to a temporary... Continue Reading →
Brazil registered another record in oil and gas production in April, with 5.640 million barrels of oil equivalent per day (boe/d)
June 3 - Brazil registered a record in oil and gas production in April, with 5.640 million barrels of oil equivalent per day (boe/d). The data was released by the ANP in the Monthly Bulletin of Oil and Natural Gas Production. The previous record was registered last month (March 2026), when 5.531 million barrels of... Continue Reading →
Wheat, trash, and sweet potatoes: Brazilian ethanol is a smorgasbord of raw materials
Brazil, June 3 (Reuters) - The cars navigating Brazil's crowded streets currently powered by sugarcane or corn-based ethanol could before long run on a cornucopia of fuels made from grains, tubers and other exotic feedstocks. A new wave of biofuel innovation is sweeping the nation, with developers in unexpected corners of the country's farm sector... Continue Reading →
BlackRock’s Atlas freezes $1 billion in Brazil renewables investments
June 3 (Reuters) - Atlas Renewable Energy, one of South America's largest clean power generators, has put plans for $1 billion in new investments in Brazil on hold as the national grid operator has periodically rejected renewable power, CEO Carlos Barrera said. Atlas - owned by BlackRock unit Global Infrastructure Partners - had planned the projects... Continue Reading →
Chevron applies for Argentina tax break program with $13.8 billion investment plan
June 2 (Reuters) - Chevron has applied to join Argentina's incentive regime for large investments for a $13.8 billion unconventional oil project in the El Trapial area of Vaca Muerta, the U.S. oil major said on Tuesday, in what would rank among the biggest new bets on the country's shale patch. The filing, which still requires... Continue Reading →
MODEC Guyana seeks contractors for FPSO mooring hook-up services for Hammerhead project
June 2 (oilnow.gy) MODEC Guyana is seeking contractors for floating production, storage and offloading (FPSO) vessel mooring hook-up services for the Hammerhead project offshore Guyana, according to a Request for Information (RFI) published on June 1 through the Centre for Local Business Development (CLBD). The opportunity forms part of preparations for the Hammerhead development, which is expected... Continue Reading →